How to Easily Track Your Sales by Product or Service in QuickBooks

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How to set up products and services in QuickBooks Online videos:

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Canadian Example:

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US Example:

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Screenshot Examples:

1. Select reports on the left hand tab

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2. In the search bar start typing “product”

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3. Select either the sales by product detail report

Which will show all of the transactions sorted by product or service in the period you specify

In this example you have the quantity, price and amount of each transaction

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4. View the sales by product summary report

Which will show the total of each product or service sold during the period you run the report for.

Note that the summary report also shows the gross margin for each of the categories where you have sold an item that had been purchased for the business.

This is a useful report in order to monitor how much you are making in both dollars, and as a percentage, for each product sold.

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5. You can also filter these reports by customer, product, class or location.

This can be useful for comparison purposes, or if you have different reporting divisions, either by salespeople for specific customers, managers of different division or locations.